WASHINGTON (Reuters) - The Senate on Thursday approved new curbs aimed at preventing lawmakers from trading shares based on inside information, but also extended the bill#39;s disclosure requirements to more than 300,000 other federal employees. The Senate voted 96-3 to pass the Stop Trading on Congressional Knowledge (STOCK) Act, which would require members of Congress to file electronic ...

The U.S. Senate has passed a bill that would ban insider trading by lawmakers and those in the White House (as requested by President Barack Obama), and now it#39;ll go to the House of Representatives, which is reportedly quot;wasting no timequot; in addressing it. After a bit of initial resistance in both chambers of Congress, it looks like Republicans and Democrats have come around to the notion that ...

The bill makes clear it#39;s illegal for lawmakers, their staffs and many executive-branch employees to trade stocks based on inside information learned on the job.

Trying to restore lawmakers#39; sagging image with voters, the Senate raced Thursday toward passing a bill to explicitly prohibit members of Congress, top aides and senior administration officials from insider trading and require them to publicly disclose financial transactions within 30 days instead of once a year.

WASHINGTON (Reuters) - Banking transactions with Iran and financing for its oil shipments could come under tougher scrutiny after a bipartisan sanctions bill easily passed a key Senate Committee on Thursday. The Senate Banking Committee passed a bill that lawmakers hope will further eat into revenues they say Tehran is using to develop nuclear weapons. Iran denies seeking nuclear arms. The ...